
Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
Don’t waste your time – keep track of how NFP affects the US dollar!
Data Collection Notice
We maintain a record of your data to run this website. By clicking the button, you agree to our Privacy Policy.
Join Us on Facebook
Stay on top of company updates, trading news, and so much more!
Thanks, I already follow your page!Beginner Forex Book
Your ultimate guide through the world of trading.
Check Your Inbox!
In our email, you will find the Forex 101 book. Just tap the button to get it!
Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.
77.93% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.
You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.
Information is not investment advice
Ichimoku Kinko Hyo
GBP/JPY: The GBP/JPY pair is trading between the Tenkan sen and Kijun sen level. An upward wave would push the market above the Tenkan sen level to test the previous peak and even higher. Alternatively, if the bears manage to withstand the bulls’ pressure the currency pair would move lower.
European Market View
Ιn terms of data releases today, in the US, consumer confidence from University of Michigan for September is released. In the euro area, final CPI numbers for August are released as well.
Markets will also keep an eye on the development in the problems for China's second largest developer Evergrande and possible contagion to other markets.
In the equities space we ‘ve seen a lot of all-time highs the last days and the risk appetite in equity markets has faded somewhat. This is well in line with what is expected for the rest of the year where some of the strong tailwind’s equities have had the last 16 months are fading. In the US, equities were mostly lower, Dow -0.2%, S&P 500 -0.2% and NASDAQ +0.1%. Markets are mixed in Asia this morning where the Evergrande story continues to unfold. European futures are 0.5% higher while US futures are only a notch higher.
In the FX space now, the Polish Zloty was one of the worst performing EM currencies yesterday largely because of the general sour mood posed by USD strength.
Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now trading within the Kumo…
Ichimoku Kinko Hyo USD/JPY: The USD/JPY pair is now trading above the Kumo…
This week, there are a few high-probability trade ideas I'd like to recommend to you. Trading these setups, be sure to implement a proper risk management approach.
On Thursday, the 2nd of February, the Bank of England will publish its report concerning interest rates and inflation data for the Eurozone. Professionals and investors anticipate that Andrew Bailey’s lead team of policy makers will likely raise interest rates to 4%; the highest in over a decade, for the tenth time in a row.
The first FOMC meeting comes after a buildup of anticipation from traders and investors alike, as the markets await what posture the Fed will take regarding the interest rates; would there be a hike or a cut in interest rates? Recall that the Federal Open Market Committee had previously ended the year 2022 with a 50bps hike, and an indication from Powell, the committee chairman, that the Fed could consider raising interest rates by 75bps in the course of the year 2023.
Your request is accepted.
We will call you at the time interval that you chose
Next callback request for this phone number will be available in 00:30:00
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later